GroundRules
N.Y. Public Service Law § 106: Approval of loans
Where this section sits in the code
- Public Service Law
- Article 6. Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service
§ 106. Approval of loans. Except with the consent and approval of the
public service commission first had and obtained, no public utility
shall loan moneys, stocks, bonds, notes or other evidences of
indebtedness, to any corporation, company, association, partnership or
individual, owning or holding, directly or indirectly, any stock of said
public utility.
Collected 2026-09-14T19:32:45Z. Source file · JSON